Golden Finance reported that according to Spot On Chain monitoring, Huang Licheng, the eldest brother of Maji, exchanged 1,491 ETH (US$4.65 million) for 198.4 million BLAST at a price of about US$0.023. As the main depositor, he transferred 8,121 ETH and 5.62 million USDC to BLAST and received a 2 million BLAST airdrop (US$55,400). He is now the largest retail holder of BLAST. After FRIEND was launched on May 4, he spent US$17 million worth of ETH to buy the token, which currently has a loss of more than US$10 million.